The MSCI Emerging Market Index rose by its highest in one month in 16 years ! That tells you how much cash Event-Hedge-Funds and others have poured into EMs and EM ETFs....including our beloved Nifty BeES.
No surprise when the "social mood" changes for the better.
More ahead?
Ans: DEFINITELY.
So please look for deliveries of companies that show promise because of their ability to hike selling prices in a hyper inflated environment of future months and quarters. It's called "pricing power". And pricing power would be the mostest with commodity makers, not the buyers of it. Focus on metal makers.
We have a list of eight stocks that must be bought by you. People on TV and the net have names for them like HOT, COOL, and other climate names. Whatever you may want to call them, they're all good on delivery rather than for trading:
+ABB 426
+Dr.Reddy's 490
+GAIL 245
+Jindal Steel & Power 1205
+JSW Steel 233
+Maruti 780
+Siemens 268
+Ultratech 551
We say it again: BUY ALL OF THEM ON DELIVERY
Buy the Nifty BeES over all else.